Copper Banking is a digital bank aimed at teens with the mission of creating a financially successful generation. Founded in 2019, Copper focuses on providing real-world money experience, helping young Americans earn and manage their finances. The startup operates in the EdTech, Financial Services, and Fintech industries, with its headquarters based in the United States.
Notably, Copper secured a significant $29.00M Series A investment on 26 April 2022. The investment came from a diverse group of investors including Insight Partners, Springbank Collective, Fiat Ventures, BIP Ventures, Alumni Ventures, Sleeping Bear Capital, and Invesco Private Capital. This substantial funding demonstrates confidence in Copper's vision and potential for growth in the emerging digital banking space, particularly within the teen-focused market.